Supply and Appropriation (Main Estimates) Act 2014
Official Summary
To authorise the use of resources for the year ending with 31 March 2015; to authorise both the issue of sums out of the Consolidated Fund and the application of income for that year; and to appropriate the supply authorised for that year by this Act and by the Supply and Appropriation (Anticipation and Adjustments) Act 2014.
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Overview
The Supply and Appropriation (Main Estimates) Bill 2014 authorizes government spending and resource use for the fiscal year ending March 31, 2015. It sets the limits for government expenditure and allocates funds to various departments and programs as outlined in the detailed estimates.
Description
This bill is crucial for the UK government's annual budget. It covers:
- Authorizing Resource Use: The bill authorizes a total of £335,914,586,000 in resource use, split between £302,541,932,000 for current spending and £33,372,654,000 for capital spending.
- Authorizing Money from the Consolidated Fund: It increases the Treasury's authorization to issue money from the Consolidated Fund by £260,676,983,000 for government expenditure.
- Appropriation of Resources and Funds: The bill appropriates the authorized resources and money according to detailed departmental estimates, categorized into Departmental Expenditure Limits (DEL), Annually Managed Expenditure (AME), and Non-Budget Voted Expenditure (NBVE). It also makes provision for income that government departments may receive.
- Income Appropriation: The bill sets rules for the use of government income generated during the fiscal year, specifying how it may be used for current or capital purposes.
- Retroactive Effect: The appropriations are considered effective from April 1, 2014.
Government Spending
The bill authorizes a total expenditure of approximately £571,472,304,000 in resources and £470,617,933,000 in cash from the Consolidated Fund for the fiscal year ending March 31, 2015. The exact allocation of funds across different government departments and programs is detailed in the accompanying schedule of estimates. This is an increase on the previous year’s spending.
Groups Affected
- Government Departments: All government departments will be directly affected, receiving funding allocations as specified in the bill's schedule of estimates.
- Public Services: The level and provision of public services will be directly impacted by the funding allocated to the relevant departments.
- Taxpayers: Taxpayers bear the cost of the government's spending outlined in this bill.
- Parliament: Parliament holds the power of oversight for how this money is spent.
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